# Mutares completes acquisition of Cimos, automotive components manufacturer

Mutares SE & Co. KGaA completed the acquisition of Cimos d.d., a producer of turbocharger, powertrain and electrification components for the automotive industry, with normalized revenues of just under EUR 200 million.

- Type: Acquisition
- Announced: 2022-09-14
- Where: Slovenia
- Jobs: 2,000
- Status: completed
- Products: turbocharger components, powertrain components, electrification components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mutares](https://endata.com/companies/6466.md) (acquirer)
- [Cimos](https://endata.com/companies/65299.md) (target)
- [TCH S.r.L.](https://endata.com/companies/65300.md) (partner)

## Sources

- [ferral-united.com](https://ferral-united.com/2022/09/14/post-1/), 2022-09-14: "Cimos allows Mutares to establish a strategic automotive platform enabling the broader Automotive & Mobility portfolio to tap into a very well invested machine park at competitive production costs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.